Critical Issues
Background:
Mexico is a federal state composed of 32 federative entities (31 states and 1 federal district), which have autonomy over their internal regime. The president of the republic and local authorities are elected for a period of six years (31 governors for the different states and one head of government for the federal district). The Mexican Constitution expressly forbids the re-election of a president.
Federal legislative power is composed of the House of Representatives and the Senate, but states have a unicameral framework represented by the local congress (the federal district's congress is called the Legislative Assembly). Legislators serve for a period of three years, except for senators, who serve for six.
The National Supreme Court of Justice is composed of 11 ministers proposed by the president but approved by a two-thirds vote from the Senate.
Three political parties dominate Mexican politics: the center-left Institutional Revolutionary Party (PRI), the conservative, Christian-democrat National Action Party (PAN) and the leftist Party of Democratic Revolution (PRD). New parties have appeared in the last decade, however, inlcuding the Work Party (PT), Mexico’s Ecologist Green Party (PVEM or Green), New Alliance Party (PANAL) and Convergence.
Access to this content is restricted to RGE clients.
If you have a client code, please enter it here to activate your client account.
Click here for a free trial.
Learn About Our Services:
Our dynamic and intuitive macroeconomic research platform keeps you on top of the extraordinary shifts that transform our global economy, allowing users to uncover unique connections and insights. Discover the resource central banks and that 70% of the world's leading hedge funds, asset managers, PE firms, banks and corporations around the world depend on.
Our market strategists build on the work of our macroeconomic research team, incorporating market dynamics to answer crucial questions and generate actionable investment recommendations. RGE's Market Research and Strategy team gives clients actionable insight across six key asset classes:
• Currencies • Commodities
• Credit • Equity • Gov’t Bonds / Rates
• Emerging Markets • Financials
• Cross Asset Model Portfolio
Sometimes, reading research is not enough. Many RGE clients participate at the Roubini Direct Access level to gain a deeper understanding of specific issues. Through interactive live sessions, we engage with world-class thinkers, encourage knowledge sharing, idea generation, risk identification and validation of client initiatives.
Learn More »